Dokuz Eylül University Information Package / Courses Catalog

Description of Individual Course Units

Course Unit Code	Course Unit Title	Type Of Course	D	U	L	ECTS
IKT 4012	INTERNATIONAL FINANCIAL MARKETS AND DERIVATIVES	ELECTIVE	3	0	0	4

Offered By

Economics

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

PROFESSOR DOCTOR MERT URAL

Offered to

Economics (Evening)
Economics

Course Objective

To describe and analyze the international financial markets, and in particular to derivatives.

Learning Outcomes of the Course Unit

1	To explain the concepts of international finance
2	To classify the international monetary system and the IMF's monetary policy
3	To discuss international parity conditions in the framework of the Law of One Price within distinctive aspects
4	To evaluate the theories of foreign exchange market and exchange rates
5	To identify the risks encountered in international financial markets and to draw conclusions based on risk prevention methods
6	To evaluate the historical development process of Euromarkets and the impacts on the international finance
7	To distinguish the difference between Forward, Futures, Options, Swaps contracts with reference to gained knowledge about thee derivative markets

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week	Subject	Description
1	Financial System, Financial Markets and International Finance
2	IMF Monetary Policy Classification
3	Conditions of International Parity
4	The theories of foreign exchange market and exchange rates
5	The risks encountered in financial markets and hedging fundamentals.
6	Derivatives: Forward, Futures, Options, Swaps
7	Turkish Derivative Exchange
8	Midterm Exam
9	Midterm Exam
10	International Financial Markets and International Banking
11	Short-term Finance and International Money Markets
12	Euromarkets (Eurocurrency and Eurocredit Markets)
13	Long-term Finance and International Stock Markets
14	International Bond and Equity Markets, Eurobond Markets

Recomended or Required Reading

1. Kasırga YILDIRAK, Nilüfer ÇALIŞKAN ve Şirzat ÇETINKAYA, Türev Ürün Fiyatlama Teknikleri, Literatür Yayınları, Istanbul, 2008.
2. Nurgül CHAMBERS, Türev Piyasalar, 2.Basım, Beta Basım Yayım Dağıtım, Istanbul, 2007.
3. Halil SEYIDOĞLU, Uluslararası Finans, Geliştirilmiş 4. Baskı, Güzem Can Yayınları, No:19, Istanbul, 2003. [Dersin Ana Kaynağıdır.]
4. Maureen BURTON ve Ray LOMBRA, The Financial System and the Economy, Thomson & South-Western Press, United States, 2003.
5. Roy E. BAILEY, The Economics of Financial Markets, Cambridge University Press, United Kingdom, 2005.
6. Ufuk BAŞOĞLU, Ali CEYLAN ve Ilker PARASIZ, Finans, Teori, Kurum, Uygulama, Ekin Kitabevi, Bursa 2001.
7. Muhsin MENGÜTÜRK, International Finance, 2nd Edition, Literatür Yayınları, No:8, Istanbul, 1995.
8. Sadi UZUNOĞLU, Para ve Döviz Piyasaları, Genişletilmiş 2. Basım, Literatür Yayınları, No:92, Istanbul, 2003.
9. Fulya ALPAN, Örneklerle Futures Anlaşmalar ve Opsiyonlar, Literatür Yayınları, No:26, Istanbul, 1999

Planned Learning Activities and Teaching Methods

Course topics with the help of slides that require quantitative analysis of samples processed and analyzed.

Assessment Methods

SORTING NUMBER	SHORT CODE	LONG CODE	FORMULA
1	MTE	MIDTERM EXAM
2	MTEG	MIDTERM GRADE	MTEG * 1
3	FIN	FINAL EXAM
4	FCGR	FINAL COURSE GRADE	MTEG * 0.40 + FIN * 0.60
5	RST	RESIT
6	FCGR	FINAL COURSE GRADE (RESIT)	MTEG * 0.40 + RST * 0.60

*** Resit Exam is Not Administered in Institutions Where Resit is not Applicable.

Further Notes About Assessment Methods

None

Assessment Criteria

To be announced.

Language of Instruction

Turkish

Course Policies and Rules

To be announced.

Contact Details for the Lecturer(s)

mert.ural@deu.edu.tr

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities	Number	Time (hours)	Total Work Load (hours)
Lectures	12	3	36
Preparations before/after weekly lectures	12	2	24
Preparation for midterm exam	1	15	15
Preparation for final exam	1	25	25
Midterm	1	1	1
Final	1	1	1
TOTAL WORKLOAD (hours)			102

Contribution of Learning Outcomes to Programme Outcomes

PO/LO	PO.1	PO.3	PO.6	PO.7	PO.8
LO.1	1	1
LO.2	1	1			1
LO.3	1		1	1
LO.4	1		1	1	1
LO.5			1	1	1
LO.6			1	1	1
LO.7		1

COURSE UNIT TITLE

DEGREE PROGRAMMES

Description of Individual Course Units

Offered By

Level of Course Unit

Course Coordinator

Offered to

Course Objective

Learning Outcomes of the Course Unit

Mode of Delivery

Prerequisites and Co-requisites

Recomended Optional Programme Components

Course Contents

Recomended or Required Reading

Planned Learning Activities and Teaching Methods

Assessment Methods

Further Notes About Assessment Methods

Assessment Criteria

Language of Instruction

Course Policies and Rules

Contact Details for the Lecturer(s)

Office Hours

Work Placement(s)

Workload Calculation

Contribution of Learning Outcomes to Programme Outcomes

CONTACT INFORMATION